Form 4: Intuitive Surgical SVP Mark Brosius Sells Shares Under 10b5-1 Trading Plan

Mark Brosius, SVP & Chief Manufacturing and Supply Chain Officer at Intuitive Surgical, sold 489 shares of common stock at a price of $533.18 per share on March 7, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• On March 7, 2025, Mark Brosius, SVP & Chief Manufacturing and Supply Chain Officer at Intuitive Surgical Inc. (ISRG), sold 489 shares of common stock.
• The sale was executed at a price of $533.18 per share.
• Following the transaction, Brosius directly owns 2,091 shares of Intuitive Surgical common stock.
• The transaction was conducted under a pre-arranged trading plan that complies with SEC Rule 10b5-1 and expires on June 13, 2025.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing related to an executive stock sale under a pre-arranged trading plan. It doesn't inherently convey positive or negative sentiment about the company's prospects.

Future Outlook

The document does not contain any specific forward-looking statements regarding the company's future performance.

Industry Context

Executive stock sales are a common occurrence in publicly traded companies. The use of 10b5-1 trading plans allows insiders to sell shares over a period of time while avoiding concerns about insider trading. The market typically views these sales in the context of the executive's overall holdings and the company's performance.

Stakeholder Impact

• The stock sale may have a minor impact on shareholders, potentially creating slight downward pressure on the stock price in the short term.

Key Dates